National comprehensive wealth per capita index in Iceland
Iceland: National comprehensive wealth per capita index was 1.03 million real chained 2019 US$ in 2020. ▲ Rising
National comprehensive wealth per capita index in Iceland, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
Iceland recorded 1.03 million real chained 2019 US$ for national comprehensive wealth per capita index in 2020. That is the highest value across all 26 years on record.
That represents a change of up 1.3% on the previous year and up 73.5% over ten years.
Over the whole period, national comprehensive wealth per capita index in Iceland peaked at 1.03 million real chained 2019 US$ in 2020 and was at its lowest, 571,990 real chained 2019 US$, in 2008.
That places Iceland 3rd out of 150 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
National comprehensive wealth per capita index in Iceland, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 791,019 real chained 2019 US$ | — |
| 1996 | 806,630 real chained 2019 US$ | +2.0% |
| 1997 | 815,831 real chained 2019 US$ | +1.1% |
| 1998 | 837,558 real chained 2019 US$ | +2.7% |
| 1999 | 863,226 real chained 2019 US$ | +3.1% |
| 2000 | 877,868 real chained 2019 US$ | +1.7% |
| 2001 | 887,608 real chained 2019 US$ | +1.1% |
| 2002 | 879,546 real chained 2019 US$ | -0.9% |
| 2003 | 878,997 real chained 2019 US$ | -0.1% |
| 2004 | 856,003 real chained 2019 US$ | -2.6% |
| 2005 | 811,745 real chained 2019 US$ | -5.2% |
| 2006 | 779,996 real chained 2019 US$ | -3.9% |
| 2007 | 675,920 real chained 2019 US$ | -13.3% |
| 2008 | 571,990 real chained 2019 US$ | -15.4% |
| 2009 | 584,349 real chained 2019 US$ | +2.2% |
| 2010 | 595,056 real chained 2019 US$ | +1.8% |
| 2011 | 642,974 real chained 2019 US$ | +8.1% |
| 2012 | 705,267 real chained 2019 US$ | +9.7% |
| 2013 | 717,510 real chained 2019 US$ | +1.7% |
| 2014 | 750,486 real chained 2019 US$ | +4.6% |
| 2015 | 971,844 real chained 2019 US$ | +29.5% |
| 2016 | 995,830 real chained 2019 US$ | +2.5% |
| 2017 | 1.00 million real chained 2019 US$ | +0.7% |
| 2018 | 1.01 million real chained 2019 US$ | +0.7% |
| 2019 | 1.02 million real chained 2019 US$ | +1.0% |
| 2020 | 1.03 million real chained 2019 US$ | +1.3% |
Iceland compared with similar countries
- Iceland's 1.03 million real chained 2019 US$ is above the median for high income countries, which is 272,153 real chained 2019 US$, 3.8× the median. (51 countries reporting)
- Iceland's 1.03 million real chained 2019 US$ is above the median for Europe & Central Asia, which is 134,849 real chained 2019 US$, 7.7× the median. (45 countries reporting)
Biggest year-on-year movements
Years where National comprehensive wealth per capita index in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +29.5% | 750,486 real chained 2019 US$ | 971,844 real chained 2019 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 822,853 real chained 2019 US$ | 791,019 real chained 2019 US$ | 863,226 real chained 2019 US$ | 5 |
| 2000s | 780,402 real chained 2019 US$ | 571,990 real chained 2019 US$ | 887,608 real chained 2019 US$ | 10 |
| 2010s | 840,988 real chained 2019 US$ | 595,056 real chained 2019 US$ | 1.02 million real chained 2019 US$ | 10 |
| 2020s | 1.03 million real chained 2019 US$ | 1.03 million real chained 2019 US$ | 1.03 million real chained 2019 US$ | 1 |
Countries ranked near Iceland
- 1 Switzerland 1.25 million real chained 2019 US$ compare
- 2 Norway 1.15 million real chained 2019 US$ compare
- 4 Luxembourg 977,443 real chained 2019 US$ compare
- 5 Qatar 901,777 real chained 2019 US$ compare
- 6 Australia 851,877 real chained 2019 US$ compare
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is national comprehensive wealth per capita index in Iceland?
- National comprehensive wealth per capita index in Iceland was 1.03 million real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest national comprehensive wealth per capita index recorded in Iceland?
- The highest recorded value was 1.03 million real chained 2019 US$ in 2020.
- What is the lowest national comprehensive wealth per capita index recorded in Iceland?
- The lowest recorded value was 571,990 real chained 2019 US$ in 2008.
- How does Iceland rank for national comprehensive wealth per capita index?
- Iceland ranks 3rd out of 150 countries with data for 2020.
- Is national comprehensive wealth per capita index rising or falling in Iceland?
- Over the last ten years it is up 73.5%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of National comprehensive wealth per capita index (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total wealth is calculated as the sum of produced capital, natural capital, human capital, and net foreign assets. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.